Jai Finance – Senior Finance Manager – CA

Senior Finance Manager (8-12 yrs)

Role Purpose:

The Finance Manager will be responsible for managing core finance activities of Jai Finance, including financial reporting, accounting, regulatory compliance, taxation, reconciliations, audit and MIS, with a strong focus on NBFC requirements.

Key Responsibilities:

1. Financial Accounting & Reporting:

– Manage day-to-day finance and accounting activities.

– Ensure accurate monthly financial closure.

– Prepare and review P&L, Balance Sheet and Cash Flow.

– Prepare monthly MIS and management reports.

– Monitor expenses and budget vs. actuals.

2. NBFC Finance & Regulatory:

– Ensure finance-related NBFC/RBI requirements are completed on time.

– Support preparation and submission of RBI returns.

– Ensure appropriate accounting of loans, interest income, provisions, NPA and write-offs.

– Maintain required regulatory and financial records.

3. Treasury & Borrowings:

– Coordinate with Treasury for daily cash and liquidity reporting.

– Maintain borrowing, interest and repayment schedules.

– Monitor lender obligations and interest payments.

– Support ALM and liquidity reporting.

4. Reconciliation & Controls:

– Ensure timely bank reconciliation.

– Reconcile LMS/loan portfolio with books of accounts.

– Review disbursement and collection reconciliation.

– Strengthen financial controls and identify discrepancies.

5. Taxation:

– Coordinate GST, TDS and income-tax compliances.

– Review tax reconciliations and payments.

– Coordinate with tax consultants.

6. Audit:

– Coordinate statutory and internal audits.

– Provide audit schedules and supporting documents.

– Track and close audit observations within agreed timelines.

7. Co-Lending / Partner Accounting:

– Support accounting and reconciliation of co-lending transactions.

– Review partner settlements, collections and disbursements.

– Ensure timely reconciliation with lending partners.

Key Deliverables:

– Timely monthly financial closure

– Accurate financial and management MIS

– Timely RBI/regulatory reporting

– Bank and loan portfolio reconciliation

– Timely tax compliance

– Audit observation closure

– Borrowing and interest tracking

– Accurate financial controls and records

Qualification & Experience:

– CA – Mandatory

– 5 – 8 years of relevant experience.

– Experience in NBFC / Banking / Financial Services preferred.

– Strong Excel and financial reporting skills.

– Knowledge of RBI/NBFC accounting, taxation and regulatory requirements.

Key Competencies:

– Strong financial and analytical skills

– Attention to detail

– Good understanding of NBFC operations

– Ownership and accountability

– Strong coordination and communication skills

– Ability to work independently in a fast-growing NBFC environment